Retail

Mattoon, IL Retail Properties & Spaces for Sale

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Retail Building on Charleston Avenue
Updated: Sep 12, 2025
Retail Building on Charleston Avenue

1400 Charleston Ave |, Mattoon, IL 61938

$500,000
25 sqft
National tenant provides stable income stream.
Investment grade tenant minimizes risk.
Seven‑year gross lease ensures predictable cash flow.
Fee simple interest offers full ownership rights.
Retail building provides tangible asset.
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Spacious Retail Property with Living
Updated: Mar 20
Spacious Retail Property with Living

712 Lake Land Blvd, Mattoon, IL 61938

Contact for pricing
7,784 sqft
Almost 8000 SQ FT under roof.
Includes living quarters.
Business opportunity: Current owners retiring.
Plenty of parking.
Overhead doors.
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Retail Building in Mattoon, Illinois
Retail Building in Mattoon, Illinois

1401 Charleston Ave, Mattoon, IL

Contact for pricing
25,000 sqft 0.48 AC lot

Retail building leased to a national tenant for sale.

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Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
Former KFC Investment Property
Former KFC Investment Property

1000 Charleston Ave, Mattoon, IL

Contact for pricing
2,449 sqft 0.48 AC lot

Former KFC property in Mattoon, Illinois, for sale.

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A-Frame Retail Space
A-Frame Retail Space

3320 Marshall Avenue, Mattoon, IL 61938

$99,900

Open layout with vaulted ceilings, covered porch, parking, and existing salon fixtures.

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Versatile Commercial Space with Visibility
Versatile Commercial Space with Visibility

701 N 22nd St, Mattoon, IL 61938

$109,900
0.23 AC lot

Commercial storefront with overhead doors and high traffic visibility.

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Valvoline Corporate Lease Investment Opportunity
Valvoline Corporate Lease Investment Opportunity

700 Broadway Ave E, Mattoon, IL 61938

Contact for pricing

New, long-term corporate lease with options in Mattoon, Illinois.

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Based on your search, we've compiled 15 Potential Opportunities for your consideration. Besides 7 Active listings in Mattoon, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 4 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Two-Story Brick Storefront
Two-Story Brick Storefront

501 7th Street, Charleston, IL 61920

$159,900
4,824 sqft

A corner-positioned commercial property combines customer-facing retail space with an upper-level studio and existing rental tenants.

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Two-Entrance Storefront Building
Two-Entrance Storefront Building

202-04 E Main St, Arcola, IL 61910

$100,000
2,800 sqft

Corner-site retail property with alley access and flexible single- or two-unit configuration.

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Corner Storefront Property
Corner Storefront Property

202-04 E Main Street, Arcola, IL 61910

$90,000
0.74 AC lot

Brick commercial building with two entrances and flexible single- or two-unit configuration.

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Mixed-Use Building with Apartments
Mixed-Use Building with Apartments

706 Jackson Ave, Charleston, IL 61920

$155,000

Two commercial spaces share the property with upstairs residences and a common laundry room.

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Off-Market Properties in Mattoon, IL

Consider similar Off-Market properties in Mattoon, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

402 Richmond Ave
Individual retail properties

402 Richmond Ave, Mattoon, IL 61938

Estimated value: by Request
1,806 sqft 1.60 AC lot
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1500 Lakeland Mattoon Il
Power centers

1500 Lakeland Mattoon Il, Mattoon, IL 61938

Estimated value: by Request
31,585 sqft
View details
402 Richmond Ave
Individual retail properties

402 Richmond Ave, Mattoon, IL 61938

Estimated value: by Request
1,806 sqft 1.60 AC lot
View details
208 Charleston Ave
Individual retail properties

208 Charleston Ave, Mattoon, IL 61938

Estimated value: by Request
54,394 sqft
View details

Mattoon, IL Retail Properties & Spaces Market Trends and Statistics

Explore 11 retail properties & spaces for sale in Mattoon, IL, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 35,258 square feet of properties for sale, with an estimated market value of $709,800.

Sale prices for stores in Mattoon, IL start at $99,900, averaging $236,600, and reaching up to $500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Shopping centers 11
Storefront properties 6
Automotive properties 3
Auto shops 1

Demographics Overview

Population 20K
Population Growth (5Y) -6.4%
Median Household Income $54,288
College Educated 31.1%

High-Yield Neighborhoods for Investment

Identify Mattoon submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
61938 $302.2K

Taxes & Financing

Tax Rate (average for all types) 7.54%
Tax Rate vs County Average 0.14 pp below county avg
Average Loan-to-Value 65.0%

Property Size Breakdown

The majority of commercial real estate listings in Mattoon fall within the 50,000 to 100,000 square foot range.

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